yeah I know, however isn’t it obvious that as the world runs out of resources and decides to start fighting over them, we are not likely to see ever rising living standards – personally I think that’s what I think we’re seeing the start of here, it’s happening in other countries so it’s not really the lone fault of Rushi Sunak.
People deserve sympathy for the financial pressures they are under at the moment. It’s pretty grim, even in the context of the last couple of years.
However, I feel that the climate of ‘life’s getting tougher, bail me out government’ is too consistent. It’s expected in almost any adversity at present. What folk really mean is that current hardships should ALL be paid for by the future tax payers, via deficit spending. So again, deferring the problems to the young. As we have just seen through Covid.
At what point do we accept that we can’t always insulate ourselves from everything, by getting ‘someone else’ to pay? Most of these issues are global (oil and commodities, supply chain problems). Some are self inflicted via morally justified sanctions. These have a cost, and we all need to contribute.
Yes times are harder now, and of course those feeling real poverty should be helped. But – we are all still fortunate to live in the UK. Real hardship is what is playing out in Ukraine.
First the richest 10% of people own 50% of the wealth, then over time 70%, 80%, 90%, 95%.
From an economic perspective it gets harder and harder to justify how or why anything should be given to the people who own less without decreasing the amount of wealth the richest own.
Inflation is a manifestation of a supply demand imbalance, as a way of the market trying to correct to make people live with less.
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yeah I know, however isn’t it obvious that as the world runs out of resources and decides to start fighting over them, we are not likely to see ever rising living standards – personally I think that’s what I think we’re seeing the start of here, it’s happening in other countries so it’s not really the lone fault of Rushi Sunak.
People deserve sympathy for the financial pressures they are under at the moment. It’s pretty grim, even in the context of the last couple of years.
However, I feel that the climate of ‘life’s getting tougher, bail me out government’ is too consistent. It’s expected in almost any adversity at present. What folk really mean is that current hardships should ALL be paid for by the future tax payers, via deficit spending. So again, deferring the problems to the young. As we have just seen through Covid.
At what point do we accept that we can’t always insulate ourselves from everything, by getting ‘someone else’ to pay? Most of these issues are global (oil and commodities, supply chain problems). Some are self inflicted via morally justified sanctions. These have a cost, and we all need to contribute.
Yes times are harder now, and of course those feeling real poverty should be helped. But – we are all still fortunate to live in the UK. Real hardship is what is playing out in Ukraine.
First the richest 10% of people own 50% of the wealth, then over time 70%, 80%, 90%, 95%.
From an economic perspective it gets harder and harder to justify how or why anything should be given to the people who own less without decreasing the amount of wealth the richest own.
Inflation is a manifestation of a supply demand imbalance, as a way of the market trying to correct to make people live with less.